Mortgage and Finance Brokers Breaking News - The Adviser

Brokers charged for forgery, misleading statements

by Reporter • 3 Sep 2020

ASIC has laid separate charges against two brokers who have been accused of forging documents and submitting false... READ MORE

La Trobe Financial releases three new loan products

by Annie Kane • 2 Sep 2020

The non-bank lender has launched three new products, including a bridging loan, a loan for non-residents and one... READ MORE

QBE chief steps down

by Lachlan Maddock • 2 Sep 2020

The CEO of QBE Insurance Group has stepped down following an investigation into his workplace communications and... READ MORE

New broker review and marketing solution launched

by Malavika Santhebennur • 2 Sep 2020

A real estate agent ratings and statistics website has launched a similar ratings and digital marketing solution for... READ MORE

Borrowers urged to ‘take action’ and shop around

by Reporter • 2 Sep 2020

Mortgage-holders have been encouraged to “get on the front foot” and search for better deal ahead of the expiry of... READ MORE

Brokers dominate FHLDS originations

by Charbel Kadib • 1 Sep 2020

The third-party channel originated the lion’s share of FHLDS placements during the first phase of the program, new... READ MORE

Major brokerage appoints state manager

by Malavika Santhebennur • 1 Sep 2020

Mortgage Choice has appointed a new state manager for Victoria/Tasmania after the departure of former state manager Max... READ MORE

Broker petitions banks to digitise mortgage process

by Annie Kane • 1 Sep 2020

A Victoria-based broker has launched a petition for banks to digitise home loan contracts and standardise the ID... READ MORE

Choice reports record settlements in July

by Malavika Santhebennur • 1 Sep 2020

Choice Aggregation Services brokers settled a record amount of loans in July, buoyed by high demand for refinancing... READ MORE

PLAN launches two new white label brands

by reporter • 1 Sep 2020

The aggregator has launched two new white label brands, run in partnership with Pepper Money. READ MORE

Calls mount for HomeBuilder reform

by Annie Kane • 31 Aug 2020

There are growing concerns that the utility of the HomeBuilder scheme is being undermined as the current structure is... READ MORE

AFG earnings buoyed by broker output

by Charbel Kadib • 31 Aug 2020

Strong broker-originated settlement growth has underpinned a 15 per cent increase in the diversified mortgage... READ MORE

Clawback changes to take effect 1 January: Treasury

by Annie Kane • 31 Aug 2020

The federal Treasury has confirmed that the proposed changes to broker clawback arrangements are expected to take... READ MORE

Mortgage Choice earnings hit by new rem model

by Charbel Kadib • 28 Aug 2020

An increase in commissions paid to the group’s broker network has driven a 16 per cent slide in earnings, offset by a... READ MORE

ANZ, CBA launch online business lending platforms

by Annie Kane • 28 Aug 2020

Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve... READ MORE

Frank Ganis joins listed brokerage group

by Malavika Santhebennur • 28 Aug 2020

The former Yellow Brick Road CEO will join the board of an ASX-listed brokerage and financial services group. READ MORE

Alternative lender joins AFG panel

by Malavika Santhebennur • 28 Aug 2020

A fintech SME lender has joined AFG’s panel of specialist finance providers. READ MORE

Hot Property: The biggest property headlines from the week 24-28...

by reporter • 28 Aug 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 28... READ MORE

More clarity needed over clawback recoupment

by Annie Kane • 27 Aug 2020

The head of a major aggregation group has called for more guidance around whether the ban on clawback recoupment will... READ MORE

Broker market share hits annual high

by Charbel Kadib • 27 Aug 2020

The value of broker-originated home loans has bounced back after declining in the months preceding the economic fallout... READ MORE

BID could boost broker market share: Choice

by Malavika Santhebennur • 27 Aug 2020

The best interests duty could significantly increase the market share of brokers writing loans in the next three years,... READ MORE

FBAA urges lenders to move to digital docs

by Malavika Santhebennur • 26 Aug 2020

The FBAA has said it is “farcical” for lenders to still be posting loan documents to brokers, and is urging banks... READ MORE

Brokers urged to help SMEs brace for ‘D-day’

by Reporter • 26 Aug 2020

Brokers have been encouraged to prepare for the resumption of debt obligations following the expiry of COVID-related... READ MORE

Non-bank launches loan product for self-employed